Our people

People management is a key pillar of UniCredit's pursuit of long term sustainable growth. The diversity of UniCredit’s workforce, which is comprised of employees of different nationalities, ages and gender, provides us with a clear competitive advantage in today’s increasingly complex and competitive environment. And because diversity is a central part of our people management strategy, we are confident about the future prospects of our group.

With a workforce of more than 162,000 individuals, a global network that extends through 50 countries and full-fledged banking operations in more than 20 European countries, UniCredit has the most diverse workforce of any European financial institution.

Our diversity management strategy is currently focused on enhancing our strong international outlook and achieving a proper valuation of women’s potential.

Fostering international mobility

The cross-border transfer of talented and highly skilled employees has become a powerful tool to facilitate career development and enhance UniCredit’s rich diversity.

Expatriates are essential change agents and UniCredit ambassadors. Inviting employees to work abroad is an effective way to build a shared group identity and encourage cultural integration.

Our International Mobility unit offers complete support to the hundreds of UniCredit expatriates who have been dispatched to more than 30 countries across the globe. It supports them as they are creating a new social and professional network, offers assistance with potentially complex and beguiling tax and administrative matters, provides career counseling services to spouses and partners and guides them through all the stages of pre-departure, expatriate assignment and re-entry.

Proper Valuation of Women’s potential

As 55% of the group’s employees are women, we want to further encourage female talent. Even though we already have many women in important positions, we aim to achieve a significant increase in the number of women in leadership positions, setting ourselves the objective that by 2018 we will have the same representation of men and women in management as we have in the group.

Through existing HR programs such as the Executive Development Plan, we are focusing on increasing the number of women promoted to leadership roles and enhancing their access to development opportunities.

The “Women and leadership” initiative, launched in 2007 with 100 senior female executives participating, is currently implementing various projects including the establishment of the UniCredit women’s network to facilitate the sharing of knowledge and experiences.

Further initiatives to strengthen diversity 

Numerous initiatives to strengthen diversity management are currently underway across the group, including:

• The creation of dedicated organizational positions to stress the importance of diversity management, including the 2007 appointment of a Diversity Program Manager at UniCredit level to spearhead our diversity management strategy
  
  
• The inclusion of “Embrace Diversity” as a defined value of our group Leadership Competency Model
  
  
• A “Cross-Cultural Diversity and Inclusion” learning program offered by UniManagement, the group’s learning center.

People Survey

UniCredit runs the People Survey every year. Its main goal is to inquire employee perceptions about some topics like Leadership, Training, Management/Supervision etc.

The People Survey is a very important listening initiative in the group that involves all employees in every country. It is on line and in 16 languages. The outcome is helpful to identify possible problem areas within the organization and to design and implement appropriate action plans that will be constantly monitored during the year.

Joint Declaration on “Equal Opportunities and Non-Discrimination”

The Joint Declaration on “Equal Opportunities and Non-Discrimination” aims at becoming a point of reference for all the Employees, through the definition of guidelines on such sensitive issues as equal opportunities and non-discrimination, with the purpose of creating a diversity corporate culture, improving the sense of belonging and enhancing the quality of life at work.

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